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ANDHRA PAPER LIMITED — AGM Information 2025
Aug 7, 2025
61332_rns_2025-08-07_3934a94f-ce2f-4e9d-b648-f34b54105abb.pdf
AGM Information
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August 07, 2025
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BSE Limited 14th Floor, P.J. Towers, Dalal Street, Mumbai - 400 001
(BSE Scrip Code No.502330)
National Stock Exchange of India Ltd. “Exchange Plaza", Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051
(Symbol-ANDHRAPAP; Series-EQ)
Dear Sir / Madam,
Sub: Disclosure of events or information - Proceedings of 61[st] Annual General Meeting
(AGM) held on Thursday, August 7, 2025.
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the proceedings of the 61[st] Annual General Meeting held on Thursday, August 7, 2025. The AGM commenced at 2.30 P.M. (IST) and concluded at 3.58 P.M. (IST). The e-voting module was kept open for 15 minutes after conclusion of the proceedings of the meeting.
Kindly take the above information on your records.
Thanking you,
Yours faithfully, For ANDHRA PAPER LIMITED
Digitally signed by Bijay Kumar Bijay Kumar Sanku Sanku Date: 2025.08.07 16:53:32 +05'30'
Bijay Kumar Sanku Company Secretary
End: As above
ANDHRA PAPER LIMITED
(Corporate Identity Number: L21010AP1964PLC001008)
Regd. Office: Rajamahendravaram – 533 105, East Godavari District, India. Tel: +91-883-2471831 Corp. Office: 31, Chowringhee Road, Park Street, Kolkata – 700 016, India. Tel: +91-33-71500500 Website: www.andhrapaper.com; Email: [email protected] An ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 Certified Company
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Summary of proceedings of the 61[st] Annual General Meeting (“AGM”/ “Meeting”)
The 61[st] AGM of the shareholders of Andhra Paper Limited ('the Company') was held on Thursday, August 07, 2025 at 02.30 PM (IST) through Video Conferencing (“VC”)/Other AudioVisual Means (“OAVM”). The Meeting was conducted in accordance with the circulars issued by the Ministry of Corporate Affairs (“MCA”) and the Securities and Exchange Board of India (“SEBI”).
He welcomed the shareholders to the Meeting and on requisite quorum being present, called the Meeting to order. He informed that the Company has made all the feasible efforts under the circumstances, to enable Members to participate and vote on the items being considered at the Meeting and thanked the participants for joining the Meeting virtually.
Chairman welcomed the Board Members who participated in the Meeting through Video (VC) Conference from their respective locations and introduced them to the shareholders. He informed that all the Directors joined the Meeting. He also informed that Mr. Rajesh Bothra, Chief Financial Officer and Mr. Bijay Kumar Sanku, Company Secretary joined the Meeting through Video Conference.
The Chairman informed the Shareholders that, representatives of M/s. MSKA & Associates, Statutory Auditors and M/s. D. Hanumanta Raju & Co, Secretarial Auditors and Scrutinizers for the remote e-voting and the e-voting during the proceedings of the AGM, were also present at the Meeting through VC.
Mr. Bijay Kumar Sanku, Company Secretary briefed the Shareholders on the instructions and relevant details relating to their participation at the Meeting through audio visual means.
He informed that in compliance with the Circulars issued by the MCA and SEBI, since there was no physical attendance of Shareholders, the requirement of appointing proxies was not applicable.
With the consent of the Shareholders present, the Notice convening the AGM, the Report of Board of Directors along with annexures thereto, the Audited Financial Statements along with the Auditor's Report for the financial year ended March 31, 2025 were taken as read. Mr. Bijay Kumar Sanku, Company Secretary informed that there were no qualifications, observations or adverse remarks both in the Statutory Auditor’s Report and the Secretarial Auditor's Report except the except for SOP fine imposed by NSE citing contravention of Regulation 17(1A) which has been disclosed in the Secretarial Audit Report. The Company is contesting the imposition of fine before the Securities Appellate Tribunal, Mumbai.
ANDHRA PAPER LIMITED
Bijay Kumar Digitally signed by Bijay Kumar Sanku Sanku Date: 2025.08.07 16:55:00 +05'30'
(Corporate Identity Number: L21010AP1964PLC001008)
Regd. Office: Rajamahendravaram – 533 105, East Godavari District, India. Tel: +91-883-2471831 Corp. Office: 31, Chowringhee Road, Park Street, Kolkata – 700 016, India. Tel: +91-33-71500500 Website: www.andhrapaper.com; Email: [email protected] An ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 Certified Company
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Further, he informed that the Registers as required under the Companies Act, 2013 were available for inspection in electronic mode, by the Shareholders.
Mr. Shree Kumar Bangur, Chairman & Non-Executive Director then addressed the Shareholders covering in his speech inter-alia the Company's performance highlights, major developments during the year under review and the future outlook.
Then Mr. Bijay Kumar Sanku, Company Secretary briefed the Shareholders on the Agenda items for the Meeting.
In terms of the Notice dated May 08, 2025 convening the 61[st] AGM of the Company, the following businesses were transacted:
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Sl. No. Particulars of Resolution Type of
Resolution
ORDINARY BUSINESS
1 Adoption of the Audited Financial Statements of the Company for Ordinary
the financial year ended March 31, 2025 and the Reports of the
Board of Directors and the Auditors thereon.
2 Declaration of a final dividend of Rs. 1/- per equity share of face Ordinary
value of Rs. 2/- each, of the Company for the financial year ended
March 31, 2025
3 Appointment of a Director in place of Mr. Virendraa Bangur Ordinary
(DIN: 00237043) who retires by rotation in terms of Section
152(6) of the Companies Act, 2013, and being eligible, offers
himself for reappointment
SPECIAL BUSINESS
4 Re-appointment of Mrs. Papia Sengupta (DIN: 07701564), as an Special
Independent Director of the Company.
5 Appointment of Secretarial Auditor and fix their remuneration Ordinary
6 Ratification of Remuneration of Cost Auditors Ordinary
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The Company Secretary informed that the Company had provided remote e-voting facility to its Shareholders to cast votes electronically, for all the six items of business as set out in the Notice. It was further informed that the facility for e-voting was also made available to the Shareholders who were present at the Meeting and had not exercised their votes during remote e-voting.
Digitally signed by Bijay Kumar Bijay Kumar Sanku Sanku Date: 2025.08.07 16:55:33 +05'30'
ANDHRA PAPER LIMITED
(Corporate Identity Number: L21010AP1964PLC001008)
Regd. Office: Rajamahendravaram – 533 105, East Godavari District, India. Tel: +91-883-2471831 Corp. Office: 31, Chowringhee Road, Park Street, Kolkata – 700 016, India. Tel: +91-33-71500500 Website: www.andhrapaper.com; Email: [email protected] An ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 Certified Company
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The Company Secretary further informed the Shareholders that the consolidated voting results shall be disseminated within two working days from the conclusion of the Meeting to the Stock Exchanges on which the Company's shares are listed and will also be made available on the website of the Company at www.andhrapaper.com and K-fin Technologies Limited at [email protected].
The Chairman announced that the insta e-voting facility is now activated for the shareholders who have not cast their vote during the remote e-voting process and not barred from doing so.
Thereafter, Shareholders who registered themselves as speakers were given an opportunity to ask questions and seek clarification(s). the queries were mainly on future outlook in light of the global geopolitical situations, market strategy, current paper demand scenario, new product launch, capital expenditure benefits, expansion plans, farm forestry initiatives, value added segment sales ratio, capacity utilisation, sustainable alternatives, ESG ratings, domestic and export sales, Factory visit etc. The Chairman Shri Shree Kumar Bangur and the Managing Director, Shri Saurabh Bangur addressed the queries and provided appropriate clarifications. Further, the Chairman stated that if any shareholder has any more questions, the same may be addressed to the Company Secretary and appropriate clarifications shall be provided.
The Chairman thanked the Shareholders for their continued support and for attending and participating in the Meeting through video conferencing. He also thanked the Directors, auditors for joining the Meeting virtually.
The Company Secretary announced that e-voting will remain active till next 15 Minutes and those shareholders who have not voted earlier through remote e-voting, kindly complete the e-voting. He, on behalf of Board of Directors, also thanked the shareholders for taking out time for participation in the 61[st] Annual General Meeting.
The Meeting was concluded at 3.58 P.M. The e-voting module was kept open for 15 minutes after conclusion of the proceedings of the meeting.
Thanking you, Yours faithfully, For ANDHRA PAPER LIMITED
Digitally signed by Bijay Kumar Sanku Bijay Kumar Sanku Date: 2025.08.07 16:54:16 +05'30'
Bijay Kumar Sanku Company secretary
This document does not constitute Minutes of the 61[st] Annual General Meeting of the Company.
ANDHRA PAPER LIMITED
(Corporate Identity Number: L21010AP1964PLC001008)
Regd. Office: Rajamahendravaram – 533 105, East Godavari District, India. Tel: +91-883-2471831 Corp. Office: 31, Chowringhee Road, Park Street, Kolkata – 700 016, India. Tel: +91-33-71500500 Website: www.andhrapaper.com; Email: [email protected]
An ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 Certified Company